Elme Communities (ELME)
Elme Communities operates in the REIT - Residential industry of the Real Estate sector, headquartered in Bethesda, MD, US. The stock last traded at $1.66, up 0.61% on the session, giving a market capitalisation of $147.5M. On trailing twelve-month figures it carries a trailing P/E of -0.95, a net margin of 124.7%. Its beta of 0.80 implies it has historically moved less than the broad market.
Elme Communities is a prominent owner and operator of distinctive real estate assets strategically located throughout the Washington D.C. metropolitan region. Leveraging a foundation built on decades of deep experience, specialized expertise, and forward-thinking ambition, we excel at generating value by transforming keen market insights into actionable strategies and executing them effectively. As of October 29, 2020, our substantial portfolio comprised 45 diverse properties, featuring approximately 3.7 million square feet of commercial space alongside 6,863 multifamily apartment units. This collection includes 22 multifamily residential complexes, 15 office buildings, and 8 retail centers. Elme Communities' shares are publicly traded on the New York Stock Exchange (NYSE). Renowned for consistently delivering strong investor returns and ensuring stakeholder satisfaction, we have established ourselves as a trusted authority within one of the nation's most fiercely competitive real estate markets.
Elme Communities is most often compared with the following Real Estate names: